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With oil there are two factors that come into play. Demand and amount available. Because oil is non renewable (at least the oil in the ground, it can also be created from other sources), the amount available is always decreasing. Demand, however, still goes up. As the oil becomes harder to find and more difficult to extract, the oil is going to be more expensive in order for the companies to make a profit.
What else can I help you with?
Is oil expensive or cheap?
is oil cheap or expensive
Is crude oil expensive or inexpensive?
expensive.
What engine oil for a Mercedes c220?
expensive oil
Is walnut oil expensive?
yes , walnut oil is expensive, but worth.. it has many nutrients and good for our health. it is actually not causing weight gain.
Which is more expensive - corn oil or canola oil?
They're about the same price.
Is biomass expensive compared to oil?
Yes.
What is the main problem of using oil?
is it to expensive
Can you use diesel oil instead of heating oil?
Sure, but it is way more expensive that heating oil.
Why perfumes are expensive?
THEY ARE SO EXPENSIVE BECAUSE EXPENSIVE PERFUME HAS A CERTIAN AMOUNT OF NATURAL INGREDIANTS WHICH IS VERY EXPENSIVE actually, its because the expensive perfumes usually contain musk oil.
Why is oil so expensive like gold?
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What are disadvantages of Alberta oil sands?
expensive pollution
Why is oil sometimes difficult to get from middle east and more expensive?
The oil is so expensive because our oil comes from the Persian Gulf and is shipped here. Since oil is originally from that area, it's pretty expensive. The distance is not the major factor in the price of a barrel of oil. The most important factors are the limited production of OPEC and the uncertainty caused by constant wars in the Middle East.
